Informatica Sees Q2 2024 Revenue $394M-$410M Vs $401.43M Estimate
$INFA
Computer Software: Prepackaged Software
Technology
Second Quarter 2024 Ending June 30, 2024:
- GAAP Total Revenues are expected to be in the range of $394 million to $410 million, representing approximately 6.9% year-over-year growth at the midpoint of the range.
- Subscription ARR is expected to be in the range of $1.168 billion to $1.188 billion, representing approximately 13.0% year-over-year growth at the midpoint of the range.
- Cloud Subscription ARR is expected to be in the range of $687 million to $697 million, representing approximately 35.0% year-over-year growth at the midpoint of the range.
- Non-GAAP Operating Income is expected to be in the range of $107 million to $119 million, representing approximately 29.1% year-over-year growth at the midpoint of the range.